XML 24 R31.htm IDEA: XBRL DOCUMENT v3.20.1
Derivative Instruments and Hedging Activities (Tables)
 3 Months Ended
Mar. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Instruments
The Company’s fair value measurements of its derivative instruments and the related location of the assets and liabilities within the consolidated condensed balance sheets at March 31, 2020 and December 31, 2019 were ($ in millions):
 
 
Assets (Liabilities) at Fair Value
Balance Sheet Classification
 
March 31,
2020
 
December 31, 2019
Fair value of derivative instruments - other current assets
 
$
—

 
$
3

Fair value of derivative instruments - other noncurrent assets
 
—

 
2

Total derivative contracts - assets
 
$
—

 
$
5

Fair value of derivative instruments - current liabilities
 
$
(13
)
 
$
(7
)
Fair value of derivative instruments - other noncurrent liabilities
 
(2
)
 
—

Total derivative contracts – liabilities
 
$
(15
)
 
$
(7
)
Schedule of Location of Hedging Activities
The Company’s hedging activities for the quarters ended March 31, 2020 and 2019 and the related location within the consolidated condensed statements of operations were ($ in millions):
Income Statement Classification
 
Amount of (Loss) Gain Recognized in
Consolidated Condensed Statements of Operations for the Quarters Ended March 31,
 
2020
 
2019
Interest expense - interest rate caps
 
$
(3
)
 
$
(2
)
Interest expense - interest rate swaps
 
(6
)
 
(2
)
Cost of product sales - commodity swaps
 
(5
)
 
1

Total
 
$
(14
)
 
$
(3
)